Bad Credit Repair
If you feel bad simply because you can't meet your bills
expectations at the moment they arrive, then you are not alone.
Even the best of us are struggling to meet some expectation that
the system has placed on us.
We calculate weekly the amount we spend on groceries, which are
constantly increasing, as well as other bills that are
constantly on the rise.
It seems at times it is a no win situation, but the fact is
there is always a solution to most problems. The problem most
times is some of us do not have the means to find those
solutions.
This brings forth more stress and often we feel that we are
alone.
If you trying to build your credit status you need to find the
resources that can help you get results.
The marketplace offers credit repair kits, which can lead us in
the right direction to repairing credit, but the disadvantage is
that many of the kits are expensive. Let's face it, not everyone
has the money to spend on commodities that claim to help us.
Some of us struggle harder than others just to survive. Life is
forever changing and in order to keep up with the changes we all
have to find a solution. Therefore, I am going to tell you where
you can get a free credit repair kit.
Your local library stores a wealth of information and it is free
to the public. In most libraries that have credit repair kits,
credit repair books, or debt management solution books.
Anything you want at your disposal and it is all free
information. The library also has copy and fax machines often,
and if you notice in the credit repair guide or kit, it will
have copies of the letters you can write to your creditors.
Make yourself some copies and once you fill them out as
instructed, you are on your way to repairing your credit. The
library also has guides or kits for filing bankruptcy.
If you do not see a way out, then you may want to go this route
to repair your bad credit.
In most cases, you can do a Pro Bono Bankruptcy, which means you
will represent yourself in the courtroom. I just wanted to let
you know that if you file a Chapter 7 Bankruptcy, you will have
monthly installments to make, but if you file Chapter 13
Bankruptcy then the courts wipe out all your debts. The problem
is that bankruptcies remain on credit files for up to ten years
or longer. If you can avoid bankruptcy do so, however it is not
the end of the world if you do.
I know people personally that filed bankruptcy and was able to
get loans for mortgage, cars and so on. If you know what you
are, doing you can do anything no matter how bad your situation
is. Avoid Debt Consolidation, simply because it is means you
will be paying fees and costs to others to get out of debt,
which only adds up the bills. You might want to consider a Debt
Counselor from a respected organization. It makes sense to check
out any business first before spending money or asking for
services.
The BBB offers free information on organizations, businesses and
corporations. Once you have investigated the service then you
will know if the people are really trying to help you. Any
service that tells you they can get you out of debt in no time
at all is pulling your leg. The fact is even when you pay your
bills your credit will continue to list all the bad debts, it
will only say after the debt listed - Resolved.
It is important to get copies of your credit reports from
TransUnion, Equifax, and Experian. You can find any information
you need online.
Knowing your status in life is the beginning of repairing bad
credit.